Insolation Energy Signs MoU with Bondada Engineering for Solar Module Supply (2027–2028)

Insolation Energy Ltd (INA Solar) announced that its subsidiary, Insolation Green Energy, has entered into a strategic MoU with Bondada Engineering to supply solar modules compliant with India’s Approved List of Models and Manufacturers (ALMM) framework. The partnership secures module availability for Bondada’s upcoming solar EPC projects, aligning with India’s clean energy transition goals.

Key Highlights

• MoU Details: Supply agreement covers the period January 2027 – December 2028.
• Compliance: Modules will meet ALMM-I and ALMM-II standards, ensuring regulatory alignment.
• Priority Access: Bondada Engineering will receive priority supply of domestically manufactured modules for its solar projects.
• Strategic Importance: Strengthens supply chain certainty ahead of ALMM-II implementation, reducing reliance on imports.
• Industry Impact: Supports India’s renewable energy targets and the Aatmanirbhar Bharat initiative by promoting indigenous manufacturing.
• Innovation: INA Solar is also collaborating with IIT Bombay to enhance module performance and efficiency.

This partnership highlights the growing collaboration between manufacturers and EPC players to secure long-term supply chains, ensuring India’s solar sector remains resilient and competitive in meeting ambitious renewable energy targets.

Sources: Renewable Mirror, Energetica India, LinkedIn (Bondada Group)